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Bloomberg
Dec 9, 2013 2:00pm EST
making day for cisco, poise to become the largest -- largest food distributor in north america. we will show you what it means for the industry. latest heir ron merkel's prize, gold medal won by a u.s. sprinter, jesse owens, at the 1936 olympic games in berlin. we will give you more details when we come back, right here on "money moves." ♪ next guest manages a $2.2 billion fund of fund is a mix of traditional hedge funds and president, bob worthington, with me now. moves."back to "money great to see you. part of what you have talked about in the past are these hedge fund strategies in mutual fund wrappers. so, average investors can get access. now you are doing the same thing with private equity? >> that is correct. we have a new fund that is meant to be an alternative to private equity investment in a liquid daily value format. >> basically people who are nonaccredited, they do not have to meet the benchmark of having $1 million in investable assets can participate? anyo can participate, bottom line? >> yes. >> why are you doing this? i assume because you think you can make money. so
FOX Business
Dec 8, 2013 11:00pm EST
work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. [ female announcer ] today, cisco is connecting the internet of everything. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong wi trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs aally. >>> vice president biden making no direct comments after meeting with the chinese leaders in beijing over the air zone dispute in the south china sea. th vice presidents did call for trust and practical cooperation. here with his reaction now to the administration's response over what appeared to be continuing rising tensions is general jack keane retired four star army general, fox news military analyst. general, great to have you here.
FOX Business
Dec 8, 2013 9:00pm EST
adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. [ female announcer ] today cisco is connecting the internet of everything. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches t's us give you great rates and service. i'd like that. a new way to bank. a better way tsave. ally bank. your money needs an ally. >> let's use the word capitalism. john: capitalism it is a curse the opinion of some local celebrities that hollywood does vilify capitalism and movies it creates killer viruses and they sacrifice people. they spread leukemia. capitalist chop down the last raid for stand poison people and hollywood thrives because of capitalism. they may sneer at profit but they chase it and to turn to someone who was interviewed and mocking cele
FOX Business
Dec 8, 2013 8:00pm EST
announcer ] today cisco is connecting the internet of everything. so everything works like never before. >>> vice president biden making no direct comments after meeting with the chinese leaders in beijing over the air zone dispute in the south china sea. the vice presidents did call for trust and practical cooperation. here with his reaction now to the administration's response over what appeared to be continuing rising tensions is general jack keane retired four star army general, fox news military analyst. general, great to have you here. >> great to be here. >> the platitudes falling from the vice president's lips are hardly reassuring and the chinese seem to be raising at least the vel cosity of their position. is there alear path we should be following here to avoid conflict and at the same time maintain and defend our allies in the region's interest? >> absolutely. the fact of the matter s we know what this is. this is a power play for influence in the pa sifblg by the chinese. they're going to find things like this shipping rights, fishing rights, who owns the islands. th
ABC
Dec 8, 2013 11:00pm EST
othe united states. >> there were a lot of to getations and you try to l.a. or seven cisco. -- san francisco. >> pilots needed their planes deiced. >> we try to make it to national. -- nashville. they canceled again. >> he is trying to make it in time for a special occasion. >> i-20 get home. -- i just want to get home. i'm trying to make it home for my daughter's graduation. >> battling the elements. they do not have an ice scraper and we held improvised to get crusty layers of snow off his car. >> i was not expecting it to be that bad and i see. -- icy. >> ice was the issue on sunday. >> i checked my car and started to go home. it was frozen. >> a little bit of news, many of the airlines are relaxing the fee to rebook your flight. you will want to check with your carrier. live outside the airport, abc seven news. >> thank you. from these guys, to the roads -- from the skies to the roads, our coverage continues with robert. robert? >> it is here in montgomery county. a short time ago, thunder and lightning. the temperatures are hovering around 28 degrees. and chillysnow temperatur
Bloomberg
Dec 9, 2013 12:00pm EST
quarter percent. first up is cisco. they are acquiring the competitor. 3.5 billion dollars to include that. it is the largest. we're are also looking at jcpenney. they're taking back some market share. they expect some positive things. the markets more on in 30 minutes. >> we are also streaming live on bloomberg.com, your tablet, and smartphone. today's moving pictures with the video is the story. the preparations are underway for the national memorial service for nelson mandela. tomorrow it'll be in a 90,000 seat soccer stadium -- soccer stadium. he made his last public world cup.during the 200,000 protesters took to the streets of bangkok to call for the country's prime minister to step down. this is a new effort to change this. ofzzard of lies conditions turn these into a virtual snowball. supposed to fall until halftime. more than eight inches fell during the afternoon. deals, the world's biggest airline takes off today. executives of american airlines and u.s. airways signed the final merger documents. create a new company worth about $18 billion. this began trading today
Bloomberg
Dec 9, 2013 3:00pm EST
in the food service industry. cisco, a food distribution company, buying u.s. vote, main competitor, privately owned, for about $3.5 million in cash and stock, creating a food distribution giant in the united states. investors like the deal. on the mcdonald's downside after comparable sales fell by 8/10 of one percent. struggling to some extent. it's menu has really expanded. some franchisees have pushed back against the complexity. it is losing customers to some of its rivals, offering eating value. one of its shareholders had pushed for it not to remove a contract with its ceo mike jeffries. is -- remove -- renewed the contract anyway. >> backoff nsa is the message from eight companies including apple, facebook, and google. they sent an open level to white house calling for limits on surveillance there is this comes from documents leaked by edward snowden showed they could get access using information by tapping into optic cables. the firms are rivals but they spoke in one voice saying -- panel if the rhetoric will result in greater privacy. director of activism at the electronic
CNN
Dec 9, 2013 3:30pm PST
announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. still running in the morning? yeah. getting your vegetables every day? when i can. [ bop ] [ male announcer ] could've had a v8. two full servings of vegetables for only 50 delicious calories. [ male announcer ] if we could see energy... what would we see? ♪ the billions of gallons of fuel that get us to work. ♪ we'd see all the electricity flowing through the devices that connect us and teach us. ♪ we'd see that almost 100% of medical plastics are made from oil and natural gas. ♪ and an industry that supports almost 10 million american jobs. life takes energy. and no one applies more technology to produce american energy and refine it more efficiently than exxonmobil. because using energy responsibly has never been more important. energy lives here. ♪ adt can help you turn on a few lights. ♪ access cameras from anywhere to help you keep an eye on things. ♪ even bring family in from the cold when you're not there. now get the advanced technology of adt starting at just
FOX Business
Dec 9, 2013 3:00pm EST
monday. want to tell you, in the food-service business we are looking at cisco. they are acquiring a fellow food services and -- fell a few -- fellow food service distributor. together combined companies could bring in about $55 billion in sales in would be based in houston. we are seeing is the value of the deal is about three and a half billion plus debt on top of that. we are seeing obviously the stock of cisco has been moving exponentially to the upside. another memo watching closely is blackstone because of the allied ipo. it's actually moving ahead by one day due to the demand from investors. the trading on wednesday. no, the range is anticipated to be between 18 and $21. he will see that actually happens, but with that range it is roughly raised about two and a half billion dollars. paying down debt and get out of other states. it is something to watch. as you noted, right now we are fractionally holding on to gains at the moment. cheryl: nice to see that we're holding on to what we have on friday. thank you so much. it is a bull market. you can definitely call it that. how lo
CNN
Dec 9, 2013 1:00pm PST
announcer ] today cisco is connecting the internet of everything. so everything works like never before. [ female announcer ] today cisco is connecting the internet of everything. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. thanks for giving me your smile. thanks for inspiring me. thanks for showing me my potential. for teaching me not to take life so seriously. thanks for loving me and being my best friend. don't forget to thank those who helped you take charge of your future and got you where you are today. the boss of your life. the chief life officer. ♪ where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. >>> welcome back to "the lead." i'm jake tapper. time for the world lead. he was a global icon for peace and nonviolence and his memorial service is obviously tomorrow. it's on pace to rival anything we have seen in decades i
Bloomberg
Dec 9, 2013 5:00pm EST
since their initial public offering -- 12%, the most since an initial public offering. cisco shares rose more than 10%. this is the largest food distributor in eight years in north america and expense to include dessert. airline, they began trading under nasdaq. on fleshing out the reservation system. i am sure we are going to hear more on that from you. >> thank you. what this means for the industries and for passengers. by an independent aviation analyst. harry is a travel analyst. we want to start with you. the combination of american airlines and us airways. what kind of carrier does it make? >> it makes airline possible for you to get more single airline anywhere to anywhere flights bs and threeaced hug very strong global competitors out of the u.s. >> you said this was a celebratory moment. why? >> when i got out of graduate school my first job was with american airlines. i thought it would take about 12 years for the industry to yell out to a few major competitors. it took over 30 years. we are here now. are making it very attractive for investors. >> do you agree? will it be
FOX News
Dec 8, 2013 5:00pm PST
too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. for all those who sleep for all those who sleep too hot or too cool, now there's a solution. sleep number dual temp, the revolutionary temperature-balancing layer with active air technology that works on any mattress brand, including yours. it's only at a sleep number store, where this holiday season, the hottest sleep innotions make the coolest gifts - includin sleep number duatemp. discover dual temp at one of our 425leep number stores nationwide. sleep number. comfort individualized. >>> one of the d >>> one of the dozens of problems in the obama care website is the lack of security built into the site. joining me now with tips on how to protect yourself from being hack second degree former white house chief information officer and data privacy expert teresa peyton. great to have you. >> thanks for having me. >> let me ask you, are consumers needing to be worried about logging on to the website and perhaps giving out information that could be hacked? >> unfortuna
FOX Business
Dec 8, 2013 10:00pm EST
work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcar.com. first round's on me. ♪ nothing, that's what? that's why i take prilosec otc each morning for my frequent heartburn. 'cause it gives me a big fat zero heartburn. woo hoo! [ male announcer ] prilosec otc. the number one doctor recommended frequent heartburn medicine for 8 straight years. [ larry ] you can't beat zo heartburn. and best of l, it means i can enjoy all the foods i love. oh, zero heartburn is awesome. just like zero clery. ♪ [ male announcer ] prilosec otc. one pill each mo
FOX News
Dec 8, 2013 4:00pm PST
pilots and adiums. but, of course, 's a good listener too. [ female announcer ] today cisco is connecting the internet of everything. so everything works like never before. >>> this is the fox report. it's the bottom of the hour. and if you are just tuning in, winter weather is hitting us here on the east coast. dangerous conditions across the mid atlantic and east coast. the snow is piling up in new jersey, as much as a foot. 8 1/2 inches three hours ago, so it's fall really fast. the national weather service estimating some parts could see well over a foot of snow. heavy snow also in philadelphia where there is a winter storm warning in effect. it's already happening. authorities are urging against anybody being on the number of road. number of accidents reported in pennsylvania at least one that was a fatality. and the wintry weather snarling air travel. at least 2,000 flights canceled, 6,000 delayed nationwide at this hour. >>> well, the obama administration is expected to shift into public relations mode this week. with healthcare.gov in the hands of digital experts, we're
FOX News
Dec 8, 2013 7:00pm PST
thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. losing thrusters. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ i'm here to say a few words about the power of baking stuff with nestle toll house morsels. you can heal a broken heart with a bundt cake. make a monday mornin' feel like a friday afternoon with some nestle toll house morsels. let's close our laptops and open our ovens. these things don't bake themselves. we have to bake them for one another. we can bake the world a better place one toll house cookie at a time. nestle. good food, good life. >>> got some extra space in your house? want to make some money renting it? now you can. >> here's our room. i think it's pretty nice.
CNBC
Dec 9, 2013 3:00pm EST
the day. cisco, the food company, announcing it's merging with u.s. foods in a deal worth $3.5 billion, sent shares of cisco soaring and still up 7% on this news. given imaging is spiking more than 26% after kavidian said it's buying it. they make pills that take photo inside your body. another stock popping, twitter, up more than 9% session highs. some investors are expressing optimism about the new tools for advertising and advertisers. one other stock showing healthy momentum going into the holiday season is estee lauder. this is the sometime of year when consumers flock to cosmetic counters for holiday gifts. will all of that holiday traffic translate into profits for the perfume producer? back to you. >> we are just two weeks and two days away from christmas. kelly and i have not begun shopping yet. after a somewhat disappointing black friday for retailers, we're wondering what companies have done to try and drive sales in what is a very competitive shopping season. >> let's check in on the consumer with william lauder. >> thank you. >> people want to know how is it cosmet
FOX Business
Dec 9, 2013 9:20am EST
) meee-ow, business pro. meee-ow. go national. go like a pro. >> new high for cisco, that's the food service company, not the tech company. spelled with an s. and it's up 18% and the market likes that. sysco. and that's microtech, anchorman 2 a week and a half away bombarded with a marketing blitz it seems like months that's been going on and how this ad campaign for anchorman 2 can change the way that all brands promote themselves. and jon stewart takes me to task over the minimum wage. do companies have a moral obligation to pay more than the wage. father jonathan morris is here to weigh in on that. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at t
CNBC
Dec 9, 2013 1:00pm EST
. staying in the food group, cisco shares soaring hit a new 52-week high, up 11.3%. the company buying u.s. foods from a group of private equity firms for $3.5 billion. >>> and disney striking a deal with paramount pictures for marketing and distribution rights to any future indiana jones movies. paramount a un it in of viacom will remain distribution rights to the first four films. >> paramount has been a strong performer for viacom which our next guest can tell us about. philippe dauman the ceo of viacom joining us live from the ubs media conference with david faber. hi, david. >> hey, tyler. thanks for that. appreciate it. as you said, philippe dauman joins us now. they were talking about pair a mount but it's the cable networks that power viacom. i would love to start there if i can. you were talking in your presentation which i was able to attend a lot about apps. one doesn't necessarily associate apps with a company like viacom but these seems to be proliferating. what is the strategy with introducing various apps for your various networks? >> well david, we want to reach our consume
CNN
Dec 9, 2013 2:00am PST
that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? before using her new bank of america credit card, which rewards her for responsibly managing her card balance. before receiving $25 toward her balance each quarter for making more than her minimum payment on time each month. tracey got the bankamericard better balance rewards credit card, which fits nicely with everything else in life she has to balance. that's the benefit of responsibility. apply online or visit a bank of america near you. [announcer] all work and no play will make brady miss his favorite part of the day. ♪ that's why there's beneful original, made with energy-packed wholesome grains, real beef and accents of vitamin-rich veggies. to help you put more
FOX Business
Dec 9, 2013 5:00pm EST
announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. [ female announcer ] tshe loves a lot ofnecting it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms obph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in bloopressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any suen decrease or loss in hearing or vision, or iyou have any allergic reactions such as rash, hives, swelling o
Bloomberg
Dec 9, 2013 10:00am EST
. and cisco has agreed to by u.s. foods for 3.5 billion dollars in the largest food distribution deal in north america in over 80 years. -- in over eight years. and the stock is at the highest level since 2004. todayld's is falling after disappointing same-store sales. oneu.s. market makes up third of macdonald's revenues. they were using happy meal treats from frozen may be more people would be in there. when we come back, congress going small. negotiators are coming up with a cease-fire. we will have that story in a moment. knowverything you want to about bitcoin but were afraid to ask. matt miller is a knee-deep in virtual currency. this is market makers on bloomberg tv. >> this is market makers. i am live at black rock world headquarters with an exclusive look at the world's largest asset manager. is the chief investment strategist at black rock. your colleague just gave us a schooling on japan. i want a schooling on u.s. markets. what shall we expect next year? >> 2014 is going to be a another good year. people have more modest expectation based on what an extraordinary year it w
FOX Business
Dec 9, 2013 4:00pm EST
was hurt by sharp drop in comparable store sales in the u.s. david: cisco's stock is on a tear today. after the company announced it is buying rival u.s. foods -- sysco. paying 3.5 billion for the purchase and assuming 4.7 billion in debt. cheryl: upgrade from morgan stanley, wall street firm raising stock from overweight to equal weight with a 60-dollar price target. david: teen apparel retailer abercrombie & fitch is extending ceo mike jeffries contract for another year. that is good for him, not necessarily for the stock. this is days of an activist investor called in the company to replace him. abercrombie stock fell sharply on the news. cheryl: much of the country struggling to recover from a huge snow and ice storm that forced cancellation of nearly 3,000 flights. that happened yesterday. more than 1600 today and oh, yes, more snow is forecast for the northeast! "after the bell" starts right now. david: let's break down today's action. boy, a lot of selling into the end of the day's session. we have jamie cox, harris financial group managing partner. he will tell us why h
Bloomberg
Dec 9, 2013 8:00am EST
has been picking up. the results have not been strong. you look at ibm and cisco and they have seen shrinking cyst -- sales. >> this is a model. most of this criticism to paul ryan of wisconsin -- if you make a model, make it a model that can work out. we have not seen that. we have not seen the view forward on paper. of your favorite topics, bitcoin. matt miller is in the process of acquiring bitcoin at this very moment. matt, i want to see this going down. >> i'm a little concerned about having to hand someone $800 in actual money for one bitcoin. we will see how it works out. that may be enough money for a down payment or at least a and theon a fiat 500 italian company hopes to sell a lot more of those, especially in new york. they have a plan to go upscale, upmarket and bring the production for a lot of cars back to italy. in order to do that, he wants to sell more maseratis. he wants to sell more of those fiat 500s and he is going to bring all of the productions and to italy. it will put the luxury stamp. sell jeep grand cherokee's that are made in italy. this is a big $12 bill
FOX Business
Dec 9, 2013 1:00pm EST
announcer ] today cisco is connecting the internet of everything. so everything works like never before. wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin. two, eliquis had less major bleeding than warfarin. and three... unlike warfarin, there's no routine blood testing. [ male announcer ] don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis ifyou have an artificial heart val abnormal bleing. while taking iquis, yomay bruise more easily and it m take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual
CNN
Dec 9, 2013 6:00am PST
so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. >>> what is subpoenaa sunday in. we saw snow every where and record setting scoring and a bunch of sensational finishes. andy scholes joins us now to talk about one of the craziest sundays you will see in the nfl ever. >> the snowstorm that made its way across the northeast definitely made for fun atmospheres. there were blizzard like conditions in pittsburgh, baltimore and philadelphia. check out the snow plow in philadelphia. get out of the way, i'm trying to work here. >>> and the dolphins, they look like fish out of the water trying to deal with the conditions in pittsburgh. but the arctic blast was the worst in philly. he gets a face full of snow on this catch. that's incredible. now ground crews did their best trying to improve the playing conditions all day. it was tough. the lions fumbled seven times. the teams wouldn't even try to kick field goals. it was fun for us to watch at home. but it had to be tough fo
FOX News
Dec 9, 2013 3:00am PST
. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> fox news alert. take you out to andrews air force base where president obama and the first lady just boarded air force one. they're on their way to south africa to pay tribute to nelson mandela who died last week at the age of 95. tomorrow's national memorial service will serve as a rare reunion of nearly all of the living american presidents. george w. bush and laura bush are on air force one, along with the president now. secretary hillary clinton, also on the plane. president bill clinton and jimmy carter are traveling separately. president george herbert walker bush is the only living president not to attends. the 89-year-old is no longer able to travel long distances and certainly is one, even though it is on air force one all the way to south africa. >>> welcome back. the live tv broadcast of "the sound of music" may have struck ratings gold with more than 18 million viewers. but some critics weren't so good especially about carrie underwood's performance. some parodied the show. ♪ a song is when
CNBC
Dec 9, 2013 9:00am EST
that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. >>> what a game at lincoln financial field yesterday, 8 inches of snow as the eagles do fly and beat detroit. >> that's my picture. >> this was the picture that jim was tweeted from his seat yesterday. >> i can't see sean. >> you don't have to worry about it. that's first quarter activity. the nfl stops for nothing. >> sean mccoy, 217 yards rushing, breaking a team franchise record, a record set in '49. >> one of the great things was his interview after. he said, i want to thank steve for putting that number up but records are made to be broken. he is a fabulous guy. >> it is fun to play in snow like that. >> the eagles have the fewest soft tissue injuries of any team. they had no one on injury. they have strength and conditioning. navy seal. never talk about plan. i saw mccoy in the summer. the practice ends and he is not quitting. he says, no, i want more practice. >> the punishing his body has taken. >> they got rid of andy reid's taco tu
CNBC
Dec 9, 2013 6:00am EST
? >> cisco and u.s. foods. buying u.s. foods. >> and it is not the router company in this case. this is sysco. >> yes, syy. and issued $3 billion of common stock, $500 million in cash. it's about $3.5 billion. what's u.s. foods make? you know? >> i believe they're in the same business that sysco's in. >> clayton and kkr own -- >> u.s. foods? >> yes. >> they're buying it from clayton. >> it's a foods distribution business, isn't it? >> looks like a food description business. >> for sysco, that makes sense. >> interesting. we'll do work on that and come back to it. >> it is, one of the u.s.'s largest distributors, $19 billion in annual revenue, the tenth largest. >> not as big as sysco, right? >> no, i think they're the biggest. >>> new american airlines is ready for takeoff. phil lebeau joins us and has a special guest with him today. phil? >> reporter: thank you, becky. we're here at the american headquarters, the new american headquarters with the new ceo of the new american, doug parker. congratulations, today's the day you guys can finally say it's done, we're ready to trade on nasda
Search Results 0 to 27 of about 28